By Rob Cox
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
from Photographers' Blog:
By Issei Kato
“I have to arrive at the beach before it starts raining.” This is what I was thinking as I drove up to the Fukushima coast, less than 35 km (21 miles) from the crippled nuclear plant. Because the weather forecast said it was going to rain in the region, I had packed a waterproof kit for my camera and beach gear so I could be ready to photograph the beach.
Based on the latest U.S. Treasury flows data, it may be time to ditch the textbook theory that says less monetary stimulus means a stronger currency - at least for now.